Looking to diversify beyond LGOV? The ETFs below have the lowest correlation with LGOV — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from LGOV.
Best Diversifiers for LGOV
1036 ETFs have low correlation with LGOV (below 0.3), 81 of which are negatively correlated. The least correlated is ProShares UltraShort Yen (YCS) (Leveraged Currency) with a 1Y correlation of -0.42, roughly unchanged from -0.44 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares UltraShort Yen | -0.42 | -0.41 | -0.44 | 75 | Leveraged Currency | LGOV vs YCS | |
| United States Gasoline Fund LP | -0.40 | -0.21 | -0.17 | 72 | Oil & Gas | LGOV vs UGA | |
| Invesco Optimum Yield Diversified Commodity Strate... | -0.34 | -0.18 | -0.14 | 51 | Commodities | LGOV vs PDBC | |
| Fidelity Managed Futures ETF | -0.33 | — | — | 66 | Systematic Trend | LGOV vs FFUT | |
| VanEck Commodity Strategy ETF | -0.28 | -0.14 | — | 69 | Commodities | LGOV vs PIT |
See all 2045 diversifiers for LGOV
To view more results, upgrade your current subscription plan.
Diversification Analysis
Build a portfolio that complements LGOV
Add LGOV to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with LGOV